Musashino Kogyo (9635) Earnings: Operating Income Surges 358.8% YoY to 19 Million Yen

Musashino Kogyo (9635) has released its financial results, reporting net sales of 286 million yen, a 5.6% decrease compared to the same period of the previous year. Despite the lower revenue, profitability showed a dramatic improvement, with operating income surging 358.8% year-on-year to 19 million yen. Ordinary income rose 44.8% to 17 million yen, and net income attributable to owners of the parent increased by 38.3% to 15 million yen.

In terms of financial position, the company recorded an equity ratio of 63.2%. While operating cash flow stood at -0.0 billion yen, free cash flow reached 3.6 billion yen, and cash and cash equivalents totaled 1.17 billion yen. Interest-bearing debt stood at 2.7 billion yen, and retained earnings were 5.6 billion yen. The results highlight a solid balance between profitability and financial stability.